DraftKings has indicated that in may challenge the IRS ruling that would require it to pay an excise … [+] tax on daily fantasy sports entry fees. (Photo by Barry Chin/The Boston Globe via Getty Images) Boston Globe via Getty Images Tax season is officially upon us. Yesterday was the deadline for companies to file
Taxes
WASHINGTON, DC – FEBRUARY 01: U.S. President Joe Biden (Center R) and Vice President Kamala Harris … [+] (Center L) meet with 10 Republican senators, including Mitt Romney (R-UT), Bill Cassidy (R-LA), Susan Collins (R-ME), Lisa Murkowski (R-AK), Thom Tillis (R-NC), Jerry Moran (R-KS), Shelley Moore Capito (R-WV) and others, in the Oval Office at
The United States Capitol building at sunset, Washington DC, USA. getty Tax Notes reporters Jad Chamseddine and Alexis Gravely speculate on upcoming tax changes and developments on Capitol Hill this year. This post has been edited for length and clarity. David Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This
Economic Security Planning, Inc. Today’s column addresses questions about whether or not benefits lost to Social Security’s earnings test are actually repaid at full retirement age, suspending retirement benefits and filing for spousal benefits after taking early retirement benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of
getty In a recent blog, I looked at two ways Congress could refocus those $1,400 per person relief payments on those who need it most. But there is an even stronger case for better targeting President Biden’s proposed increases in the Child Tax Credit (CTC). The American Rescue Plan Biden proposed in January would make